Medicare Advantage Payments to Rise for 2016

Increase reverses decline proposed in February

Federal regulators on Monday said 2016 payments to insurers that offer private Medicare plans will go up compared with this year, reversing a slight decline proposed in February.

The Centers for Medicare and Medicaid Services estimated that the government’s Medicare Advantage payments will rise about 1.25% next year, though the agency said insurers likely will see their overall revenue increase about 3.25% as they deliver, and bill...